Qualifications of quality reviewer

Quality reviewers must have the following minimum qualifications: (1) knowledge of and experience with the type of engagements to be reviewed, including experience in supervision of the preparation of reports and financial statements in connection with such engagements; (2) independence of the permit holder under quality review; (3) no conflict of interest; (4) familiarity with all specialized services in the area of auditing and accounting provided by the permit holder subject to review; and (5) familiarity with the procedures for conducting a quality review in accordance with the standards set forth in section 20-281-8 and section 20-281-9, and competence in performing such quality reviews.